Bangalore

Industry-academia stalemate may hit startups

The biggest missing piece in India’s startup story is the lack of communication and inadequate connect betwe­en industry and academia. The deadlock between these two will hurt the country’s tech startup ecosystem, wh­ich is the third largest in the world, Nasscom, cautions in­d­ustry apex body.

Work, finance issues keep Indians under heavy stress: Study

As high as 89 per cent of the population in India say they are suffering from stress, compared to the global average of 86 per cent, revealed a study by Cigna TTK Health Insurance, a joint venture between US-based health services company Cigna Corporation and India’s TTK Group.

HDK unveils Rs 34K cr farm loan waiver scheme

Keeping his pre-poll promise, newly sworn-in Karnataka chief minister HD Kumaraswamy (in pic) on Thursday announced a farm loan waiver of a mammoth scale of Rs 34,000 crore. This waiver will benefit close to 30 lakh farming families that have crop loans of up to Rs 2 lakh.

Hiring sentiment to rise in next few months: Study

The job market is expected look up in the next few months, says staffing firm TeamLease Services based on its recent survey among 695 small, medium and large companies across 16 sectors in 8 cities.

The report forecasts an increase of 4 per cent in the net employment outlook to 95 per cent, (April– September 2018) as compared to 91 per cent for the preceding half-year, October-March 2017-18. The increase in GDP and optimistic economic growth is being attributed to the positive hiring outlook.

AI, stringent rules will stop rogues on social media, says Gopalakrishnan

Abuse of social media can be dealt with the introduction of technologies like Artificial Intelligence (AI) and a specific legal framework, said Kris Gopalakrishnan, co-founder of Infosys.

Speaking on the sidelines of a CII meet here on Tuesday he said, “It is very unfortunate that some are misusing or underestimating the power of social media. Some tend to exploit the ‘anonymous’ nature of the social media and show courage to express whatever comes to their mind without realising the impact of their conversations on the society.”

Global CXOs increasingly conscious of cyber security threats: Gartner

Business leaders are becoming increasingly conscious of the impact cyber security can have on business outcomes. Gartner, Inc sa-id that security leaders sh-ould harness this increas-ed support and take advantage of the emerging tren-ds, to improve their organisation’s resilience while elevating their own standing.

Senior business executives are finally becoming aware that cyber security has a significant impact on the ability to achieve business goals and protect corporate reputation.

Whistleblower shoots off letter to US SEC against Infy

An anonymous whistleblower has questioned Infosys for its undue delay in filing Form 20F with US Securities and Exchanges Commission, and asked the company to confirm whether any ongoing investigation with the agency is pending.

Everybody is united at Infosys: Nilekani

Infosys in the last six months has invested in understanding the best way for its brand to evolve and credibly assist its clients in their digital transformation, company chairman Nandan Nilekani said during the 37th Annual General Meeting (AGM) of the company.

Addressing shareholders on Saturday, Nilekani said, “Infosys would follow a path of nimble learning----seen among start-ups---and all its employees will be equipped with all the knowledge and intellectual assets required to guide and shape its clients’ pursuits for digital future.”

Sikka in middle of IP row involving SAP

Vishal Sikka is back in headlines, but not in connection with Infosys or Panaya this time. Cloud analytics firm Teradata Corporation has filed a lawsuit against SAP AG accusing Sikka, among others, of stealing trade secrets from a terminated joint venture product between the two firms for building the HANA platform. Sikka was the CTO of the German software maker SAP. Teradata alleged that SAP quickly developed and released HANA, SAP’s flagship database offering, by misappropriating Teradata’s intellectual property.

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